Article Sidebar

Download
PDF
Statistic
Read Counter : 119 Download : 95

Downloads

Download data is not yet available.

Main Article Content

Abstract

Actively improving the economy and reducing unemployment in Indonesia is played by Micro, Small and Medium Enterprises. Financial management holds significance in business operations., including financial inclusion, financial planning, and financial attitudes to ensure optimal business financial management. This study aims to assess the impact of Financial Inclusion, Financial Planning, and Financial Attitudes on Financial Management. The goal of this research is to enhance understanding and become a basis for legislators and local governments to focus more on improving the financial management of MSME businesses. Using a quantitative approach, this research involved culinary MSME owners in Lubuk Pakam District as a population. Samples were taken using purposive sampling techniques and the Lemeshow formula to obtain 96 respondents. The data collected is original or first hand (primary) data. Various tests such as validity, reliability, multiple regression, normality, Kolmogorov-Smirnov, multicollinearity, heteroscedasticity, as well as F, t tests, and coefficient of determination were included in the data analysis. It is known that financial management of culinary MSME owners in Lubuk Pakam District is influenced positively and significantly by financial planning and financial attitudes, while financial inclusion does not show a significant influence. Overall, financial inclusion, financial planning and financial attitudes contributed 78.50% to financial management, meanwhile, the remaining 21.50% was attributed to factors or variables that were not included in this study. For future research, it is suggested to include additional independent variables and increase the sample size to achieve a more comprehensive insight into how other variables affect financial behavior.

Keywords

Financial Inclusion Financial Planning Financial Attitude Financial Management

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite
Andini, A., Soemitra, A., & Dharma, B. (2024). The Influence of Financial Inclusion, Financial Planning, and Financial Attitudes on the Financial Management of Culinary MSME Owners Lubuk Pakam. Ilomata International Journal of Management, 5(3), 763-775. https://doi.org/10.61194/ijjm.v5i3.1211

References

  1. Adiputra, I. G., & Patricia, E. (2019). The effect of financial attitude, financial knowledge.
  2. Anggraini, & Cholid. (2022). Pengaruh Literasi Keuangan,Tingkat Pendidikan, Pendapatan, Perencanaan Keuangan Dan Gaya Hidup Terhadap Pengelolaan Keuangan Pada Pengrajin Tempe Di Kecamatan Plaju. Publikasi Riset Mahasiswa Manajemen, Vol.3 No.2(2), 178–187.
  3. Anisyah, E. N., Pinem, D., & Hidayati, S. (2021). Pengaruh literasi keuangan, inklusi keuangan dan financial technology terhadap perilaku keuangan pelaku UMKM di Kecamatan Sekupang. Management and Business Review, 5(2), 310–324. https://doi.org/10.21067/mbr.v5i2.6083
  4. Anthanasius Fomum, T., & Opperman, P. (2023). Financial inclusion and performance of MSMEs in Eswatini. International Journal of Social Economics, 50(11), 1551–1567. https://doi.org/10.1108/IJSE-10-2020-0689
  5. Artha, B. (2021). Pelatihan Manajemen Keuangan untuk Wirausaha Kecil Pada UMKM Kalipakem, Pundong, Bantul, Daerah Istimewa Yogyakarta. Jurnal Ilmiah Padma Sri Kreshna, 3(1). https://doi.org/10.37631/psk.v3i1.394
  6. Azro’i, M. A., Nurbaiti, N., & Harahap, M. I. (2023). Pengaruh Inklusi Keuangan dan Modal Terhadap Sustainability UMKM dengan Prinsip Maqashid Syariah (Studi Kasus UMKM Kota Medan). Jurnal Sosial Ekonomi Dan Humaniora, 9(3), 357–367. https://doi.org/10.29303/jseh.v9i3.401
  7. Dahrani, D., Saragih, F., & Ritonga, P. (2022). Model Pengelolaan Keuangan Berbasis Literasi Keuangan dan Inklusi Keuangan : Studi pada UMKM di Kota Binjai. Owner, 6(2), 1509–1518. https://doi.org/10.33395/owner.v6i2.778
  8. Fomum, & Opperman. (2023). Financial inclusion and performance of MSMEs in Eswatini. International Journal of Social Economics, 50(11), 1551–1567. https://doi.org/10.1108/IJSE-10-2020-0689
  9. Ghazali, A. W., Shafie, N. A., & Sanusi, Z. M. (2015). Earnings Management: An Analysis of Opportunistic Behaviour, Monitoring Mechanism and Financial Distress. Procedia Economics and Finance, 28(April), 190–201. https://doi.org/10.1016/s2212-5671(15)01100-4
  10. Humaira, I. (2018). Pada Pelaku Umkm Sentra Kerajinan Batik Kabupaten the Influence of Financial Knowledge , Financial Attitude , and Personality Towards Financial Management Behavior on Small. Jurnal Nominal, VII(1), 15.
  11. Indah, & Marliyah. (2023). Analisis Pengelolaan Dan Pemanfaatan Dana Pensiun Oleh Nasabah PT TASPEN (Persero) Kcu Medan. Jurnal Mahasiswa Kreatif, 1(6), 326–332.
  12. Korankye, T., Pearson, B., & Salehi, H. (2023). Financial Advice Use and Saving for Children’s College Education: A Propensity Score Matching Approach. Journal of Financial Counseling and Planning, 34(1), 96–111. https://doi.org/10.1891/JFCP-2021-0069
  13. Kusuma, M., Narulitasari, D., & Nurohman, Y. A. (2022). Inklusi Keuangan Dan Literasi Keuangan Terhadap Kinerja Dan Keberlanjutan Umkm Disolo Raya. Among Makarti, 14(2), 62–76. https://doi.org/10.52353/ama.v14i2.210
  14. Masrohatin, S., Hasanah, H., Kusumawati, I., & Retnaningsih, T. K. (2023). The Role of Financial Institutions In Financial Inclusion in the Krupuk Industry SMEs The Karangmluwo Mangli Kaliwates Community, Jember. Al-Kharaj: Journal of Islamic Economic and Business, 5(1), 140–152. https://doi.org/10.24256/kharaj.v5i1.3641
  15. Munthe, & Harahap. (2023). Analisis Inovasi Berkelanjutan UMKM Mumubutikue Medan Dalam Perspektif Ekonomi Islam. SEIKO : Journal of Management & Business, 6(2), 118–132.
  16. Nikmah, N., Safrina, N., Farida, L. E., & Qalbiah, N. (2019). Pelatihan Pengelolaan Keuangan Keluarga Bagi Kelompok Yasinan Ibu-Ibu Komplek Rahayu Jalan Pramuka Banjarmasin. Jurnal IMPACT: Implementation and Action, 1(2), 131. https://doi.org/10.31961/impact.v1i2.643
  17. Pradhan, T. K. (2023). A Framework for Measuring Financial Inclusion in India: Bridging Gaps Between Theory and Practice. Journal of Financial Counseling and Planning, 34(2), 169–183. https://doi.org/10.1891/JFCP-2021-0022
  18. Pratiwi et al. (2023). Dharma Pengabdian Perguruan Tinggi ( DEPATI ). Dharma Pengabdian Perguruan Tinggi (DEPATI), 3(2), 152–161.
  19. Ratnaningtyas, H., Bilqis, L. D. R., & Swantari, A. (2022). Perencanaan Keuangan Pribadi Untuk Mahasiswa Sekolah Tinggi Ilmu Ekonomi Bisnis Indonesia. ABDI MOESTOPO: Jurnal Pengabdian Pada Masyarakat, 5(2), 141–147. https://doi.org/10.32509/abdimoestopo.v5i2.1770
  20. Roy, S. (2016). Financial inclusion in tripura - An assessment. Journal of Rural Development, 35(2), 167–189. https://www.scopus.com/inward/record.uri?eid=2-s2.0-85046901756&partnerID=40&md5=d229c9fd9e88c08f5c417df3ae525446
  21. Setianingsih, D., Dewi, M., & Chanda, A. (2022). THE EFFECT of FINANCIAL KNOWLEDGE, FINANCIAL PLANNING, INTERNAL LOCUL of CONTROL, AND FINANCIAL SELF-EFFICACY on FINANCIAL MANAGEMENT BEHAVIOR: A CASE STUDY of SMEs GROCERY STORES. Jurnal Samudra Ekonomika, 6(1), 19–30.
  22. Sitanggang, F., & Nasution, J. (2023). Urgensi Pemanfaatan E-Marketing Pada Keberlangsungan Umkm Di Kota Medan. CEMERLANG : Jurnal Manajemen Dan Ekonomi Bisnis, 3(1), 225–235.
  23. Sitinjak, M., Safrizal, & Wirdayani Wahab. (2023). Pelatihan Manajemen Keuangan Umkm Bagi Pelaku Umkm Kota Batam. Jurnal Abdi Masyarakat Multidisiplin, 2(1), 33–37. https://doi.org/10.56127/jammu.v2i1.857
  24. Soemitra, A. (2023). Peran Fintek Syariah Terhadap Kesejahteraan UMKM di Indonesia Pada Era Covid-19. Jurnal Publikasi Ilmu Manajemen, 2(1), 55–70.
  25. Soriano, J. (2015). What is the difference between treasury management and financial management? https://www.quora.com
  26. Styaningrum, F. (2021). Konsep Sistem Ekonomi Kerakyatan Dalam Pemberdayaan Umkm Indonesia. E-Jurnal Ekonomi Dan Bisnis Universitas Udayana, 10(8), 565. https://doi.org/10.24843/eeb.2021.v10.i08.p01
  27. Suranta, E., Satrio, M. A. B., & Midiastuty, P. P. (2023). Effect of Investment, Free Cash Flow, Earnings Management, Interest Coverage Ratio, Liquidity, and Leverage on Financial Distress. Ilomata International Journal of Tax and Accounting, 4(2), 283–295. https://doi.org/10.52728/ijtc.v4i2.714
  28. Tabash, M. I., Farooq, U., El Refae, G. A., Abu-Rashed, J., & Al-Faryan, M. A. S. (2023). Financial inclusion and environmental quality: does corruption control matter? International Journal of Social Economics, 50(8), 1123–1138. https://doi.org/10.1108/IJSE-06-2022-0407
  29. Thathsarani, S., Jianguo, W., & Alariqi, M. (2023). How Do Demand, Supply, and Institutional Factors Influence SME Financial Inclusion: A Developing Country Perspective. SAGE Open, 13(3), 1–13. https://doi.org/10.1177/21582440231187603
  30. Togun, O. R., Ogunrinade, R., Olalekan, O. T., & Jooda, T. D. (2022). Financial Inclusion and SMEs’ Performance: Mediating Effect of Financial Literacy under the Creative Common Attribution Non-Commercial 4.0. Journal of Business and Environmental Management (JBEM), 1(1), 23–33.
  31. Widyaningrum, S., & Kurniawati, S. L. (2018). Pengaruh Sikap Keuangan, Pengetahuan Keuangan dan Pengalaman Keuangan Terhadap Perilaku Pengelolaan Keuangan Keluarga di Sidoarjo. E Journal Sekolah Tinggi Ilmu Ekonomi Perbanas Surabaya, 1–13.
  32. Zhang, X., Li, J., Xiang, D., & Worthington, A. C. (2023). Digitalization, financial inclusion, and small and medium-sized enterprise financing: Evidence from China. Economic Modelling, 126. https://doi.org/10.1016/j.econmod.2023.106410